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Libya Records Highest Daily Oil Production Rate Since 2014

Doha: Libya’s Akakus Oil Operations announced that it has achieved the highest daily crude oil production rate in July since 2014, with a production volume of approximately 332,056 barrels per day.

According to Qatar News Agency, the increase in pr…

Oil Prices Tumble Below $84 a Barrel

Doha: Oil prices tumbled on Wednesday, with Brent crude futures falling $1.11, or 1.31%, to $83.62 a barrel, while US West Texas Intermediate (WTI) crude futures shed 81 cents, or 1.02%, to $78.53 a barrel. The drop in prices comes after oil prices ha…

Gold Prices Fall by Approx. 1%

Gold prices fell on tuesday after rising more than 2% in the previous session. spot gold was down 0.6% at $4:14 am. GMT. US gold futures for August delivery fell 0.9% to $4,033.90. Gold prices had jumped more than 2% to $4,100.49 an ounce on Tuesday. …